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TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2022 (in millions) Assets Current Assets Cash $ 1460 Accounts Receivable Debt Investments Prepaid Rent Inventory Total Current Assets 2$ 2$ Liabilities and Stockholders' Equity 2$ $ 2$ > > > > > > >

TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2022 (in millions) Assets Current Assets Cash $ 1460 Accounts Receivable Debt Investments Prepaid Rent Inventory Total Current Assets 2$ 2$ Liabilities and Stockholders' Equity 2$ $ 2$ > > > > > > >

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2022 (in millions) Assets Current Assets Cash $ 1460 Accounts Receivable Debt Investments Prepaid Rent Inventory Total Current Assets $ Liabilities and Stockholders' Equity $ $ $ > > > > > >
Transcribed Image Text:TEXAS INSTRUMENTS, INC. Balance Sheet December 31, 2022 (in millions) Assets Current Assets Cash $ 1460 Accounts Receivable Debt Investments Prepaid Rent Inventory Total Current Assets $ Liabilities and Stockholders' Equity $ $ $ > > > > > >
Current Attempt in Progress Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,280 Accumulated depreciation-equipment $3,640 Prepaid rent 150 Accounts payable 1,140 Equipment Stock investments (long-term) 6,980 Patents 2,340 720 Notes payable (Ilong-term) 920 Debt investments (short-term) 1,690 Retained earnings 8,350 Income taxes payable 140 Accounts receivable 1,860 Cash 1,460 Inventory 1,270 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.)
Transcribed Image Text:Current Attempt in Progress Suppose the following items were taken from the 2022 financial statements of Texas Instruments, Inc. (All dollars are in millions.) Common stock $2,280 Accumulated depreciation-equipment $3,640 Prepaid rent 150 Accounts payable 1,140 Equipment Stock investments (long-term) 6,980 Patents 2,340 720 Notes payable (Ilong-term) 920 Debt investments (short-term) 1,690 Retained earnings 8,350 Income taxes payable 140 Accounts receivable 1,860 Cash 1,460 Inventory 1,270 Prepare a classified balance sheet in good form as of December 31, 2022. (List Current Assets in order of liquidity.)
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